Risk Appetite Recovers, Asia-Pacific Stocks Surge Significantly

Odaily According to news, as global markets stabilize and concerns over AI spending ease, market risk appetite saw a broad recovery on Tuesday. Japanese and South Korean stock markets rebounded sharply from yesterday's levels. The South Korean KOSPI index closed up 6.84% at 5,288.08 points. Chipmakers Samsung Electronics and SK Hynix were the biggest contributors. Samsung's stock price surged as much as 10% intraday, marking its largest single-day gain since March 2020. The Nikkei 225 index closed up 3.92% at 54,720.66 points, reaching a new all-time high. The Taiwan Weighted Index closed up 1.81% at 32,195.36 points. (Jin10)